TORONTO, Jan 3, 2018 (GLOBE NEWSWIRE) – Data Deposit Box (CSE:DDB) (CSE:DDB.CN) is pleased to announce it has been awarded Canadian patent number 2,718,274. This patent in addition to US Patent 8,843,639 enables Data Deposit Box to expand its product offerings to aggressively enter the Blockchain industry. This patent is critical to our platform and uniquely positions the company to deliver patent protected solutions.
The company is on track with new products planned for general availability in Q1 2018.

ABOUT DATA DEPOSIT BOX:

Providing advanced, cloud-based data back-up since 2002, Data Deposit Box is one of the world’s first and foremost data backup, protection and recovery providers for Managed Service Providers (MSPs), as well as Small and Medium Businesses (SMBs). Data Deposit Box offers full white labeling for larger MSPs. Based in Toronto, Canada, Data Deposit Box is trusted by over 5,000 MSPs, SMBs and personal endusers world-wide to make data back up as simple and smart as possible.
Data Deposit Box is using components of its existing robust platform to develop products for the Blockchain industry.

For More Information, Contact:

Tim Jewell
CEO Data Deposit Box Inc.
Telephone: 416-238-7596
Email: tjewell@datadepositbox.com
This news release contains certain “forward-looking information” within the meaning of applicable securities law. Forward looking information is frequently characterized by words such as “plan,” “expect,” “project,” “intend,” “believe,” “anticipate,” “estimate,” “may,” “will,” “would,” “potential,” “proposed,” and other similar words, or statements that certain events or conditions “may” or “will” occur. These statements are only predictions. Forward-looking information is based on the opinions and estimates of management at the date the information is provided, and is subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking information. For a description of the risks and uncertainties facing the Company and its business and affairs, readers should refer to the Company’s Management’s Discussion and Analysis. The Company undertakes no obligation to update forward-looking information if circumstances or management’s estimates or opinions should change, unless required by law. The reader is cautioned not to place undue reliance on forward-looking information.